Employee Retention Credit (ERC) scams have risen since implementing the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). These scams are often orchestrated by individuals or ...

Image Credit: PeopleImages12 / 123rf. "The Employee Retention Tax Credit has evolved from inception in 2020, Many changes to the ERC program have evolved in 2021, 2022, and now 2023.

Because he had set up a limited liability company, he was advised that he could apply for the Employee Retention Credit through COS Accounting and Tax. He paid $500 upfront and was told that he ...

For example, if your organization purchased a commercially clean vehicle in 2024, you could claim a tax credit whether your income doubled or dropped in half.